August 15, 2022

J. Front Retailing Consolidated Revenue Report July 2022 (IFRS)

1. Revenue (Sales) by Segment (% change year on year)

.

(Reference) Gross sales

July

H1 Total

July

H1 Total

Department Store Business

7.1

17.3

11.7

[13.2]

22.5

[23.9]

SC Business

10.8

(3.9)

10.1

13.4

Developer Business

22.5

(2.1)

22.5

(2.1)

Payment and Finance Business

22.3

29.6

22.3

29.6

Other

(6.7)

(12.2)

(11.7)

(12.5)

Total Consolidated

7.3

8.6

10.4

16.7

Notes: 1. J. Front Retailing (the "Company") has voluntarily applied the International Financial Reporting Standards (IFRS) since March 2017.

  1. Gross sales are calculated by converting sales from purchase recorded at the time of sale (shoka shiire ) of the Department Store Business
    which are recognized as revenue under IFRS, into gross amount and converting the net amount of sales of the "SC Business (Parco SC)" into tenant transaction volume (gross amount basis).
  2. Each figure of the reportable segment above is calculated based on simple sum of entities included in each segment.

Therefore, intercompany transactions within each segment are not eliminated.

  1. The Matsuzakaya Toyota store closed on September 30, 2021.Figures in parentheses in the Department Store Business are actual percentage changes after excluding the Matsuzakaya Toyota store.
  2. All of the shares of Neuve A Co., Ltd. were transferred on June 30, 2021.
  3. Daimaru Matsuzakaya Sales Associates Co. Ltd. was merged into Daimaru Matsuzakaya Department Stores Co. Ltd. on September 1, 2021.
  4. 90% of the shares of Dimples' Co., Ltd. were transferred on February 28, 2022 and it is excluded from the scope of consolidation.

2. Sales of Department Store Business (Japanese GAAP)

  1. Sales and Customer Traffic of Each Store (% change year on year)

July

H1 Total

Sales

Customer traffic

Sales

Customer traffic

Daimaru Shinsaibashi

21.7

15.1

39.7

42.7

Daimaru Umeda

(12.8)

2.1

23.7

30.9

Daimaru Tokyo

26.1

49.9

40.9

56.9

Daimaru Kyoto

11.7

14.4

18.0

23.9

Daimaru Kobe

19.5

3.8

34.8

25.5

Daimaru Suma

(12.5)

3.2

(6.1)

11.0

Daimaru Ashiya

(1.1)

2.0

2.8

8.8

Daimaru Sapporo

26.0

23.6

30.0

32.1

Daimaru Shimonoseki

(2.2)

(8.7)

(3.3)

(2.1)

Matsuzakaya Nagoya

8.7

(2.5)

13.2

10.1

Matsuzakaya Ueno

19.3

22.5

18.6

31.8

Matsuzakaya Shizuoka

9.5

17.3

8.8

23.0

Matsuzakaya Takatsuki

(4.0)

6.1

14.1

36.4

Total stores

10.9

11.9

22.6

27.1

Total comparable stores

12.6

13.9

24.2

29.4

Corporations, head office, etc.

45.2

-

39.8

-

Total Daimaru Matsuzakaya

12.1

11.9

23.4

27.1

Of which: net sales of goods*3

12.3

-

23.6

-

Of which: real estate lease revenue*3

7.1

-

18.2

-

Total comparable stores

13.7

13.9

24.9

29.4

Hakata Daimaru

7.9

19.0

17.1

27.1

Kochi Daimaru

5.6

8.5

1.6

12.6

Total

11.7

12.2

22.5

27.0

Department Store Business

Total comparable stores

13.2

14.2

23.9

29.1

Note: 1.The Matsuzakaya Toyota store closed on September 30, 2021.

2. Total comparable stores does not include the values of the Matsuzakaya Toyota store.

1/2

b) Daimaru Matsuzakaya Department Stores Sales by Merchandise Category (% change year on year)

Total all stores

July

H1 Total

Men's clothing

5.9

22.6

Women's clothing

26.2

38.3

Children's clothing

(5.2)

5.1

Other clothing

3.2

20.1

Total clothing

21.9

34.7

Accessories

7.1

30.0

Cosmetics

12.3

15.5

Fine arts / jewelry / precious metals

19.0

25.8

Other general goods

7.3

14.5

Total general goods

15.7

20.7

Furniture

(4.3)

11.5

Electric appliances

0.9

3.7

Other household goods

(17.4)

(1.9)

Total household goods

(14.4)

1.2

Perishable foods

(4.3)

(6.4)

Confectionary

7.5

17.8

Delicatessen

0.9

10.2

Other foods

(1.7)

1.0

Total foods

1.0

7.4

Restaurants & cafés

26.9

56.2

Services

12.5

37.9

Other

23.8

14.7

Total

12.3

23.6

3. Tenant Transaction Volume of PARCO Stores

*"Tenant transaction volume" is the total value of the tenant transaction volume (sales) of PARCO stores. Previous year values are also calculated using the same standards.

a) Tenant Transaction Volume by Store (% change year on year)

July

H1 Total

Sapporo PARCO

17.4

13.5

Sendai PARCO

7.1

19.6

Shintokorozawa PARCO

(6.1)

(6.4)

Urawa PARCO

11.9

7.4

Ikebukuro PARCO

23.9

35.2

PARCO_ya Ueno

19.6

41.6

Hibarigaoka PARCO

5.1

15.1

Kichijoji PARCO

9.7

20.4

Shibuya PARCO

21.3

41.3

Kinshicho PARCO

20.5

30.3

Chofu PARCO

12.8

19.2

Tsudanuma PARCO

2.8

(5.0)

Matsumoto PARCO

(2.3)

(5.6)

Shizuoka PARCO

1.9

1.1

Nagoya PARCO

5.9

16.3

Shinsaibashi PARCO

3.1

30.6

Hiroshima PARCO

6.2

14.1

Fukuoka PARCO

(0.7)

8.6

Total all stores

9.4

16.9

b) Sales by Merchandise Category (% change year on year)

Total all stores

July

H1 Total

Clothing

7.3

15.7

Accessories

6.9

16.6

General goods

8.6

14.7

Foods

4.5

5.2

Restaurants & cafés

31.4

41.4

Other

7.3

16.8

Total

9.4

16.9

Contact: J. Front Retailing Co., Ltd.

TEL +81-3-6895-0178

Investor Relations Promotion Division:

Group Communications Promotion Division: TEL +81-3-6895-0172

2/2

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

J.FRONT Retailing Co. Ltd. published this content on 15 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 August 2022 06:12:05 UTC.